Few individuals with Alzheimer’s disease or other dementia and their families can afford to pay for skilled nursing facilities or assisted living facility services for as long as the services are needed. Homecare services are the most affordable long-term care solution. 

In 2016 the average cost of these Alzheimer’s/Dementia care services were: 

Assisted living facility: 

In 2016, the average cost for basic services in an assisted living facility was $119 a day, $3,628 a month, or $43,539 a year. 

About half (51%) of the assisted living communities surveyed provide Alzheimer’s and dementia care for residents, 61% of which charge an additional fee for this service. Alzheimer's and dementia care in assisted living communities costs approximately $1,150 more each month, or $13,800 more per year. 

Nursing home/Skilled Nursing Facility: 

In 2016, the average cost for a private room in a nursing home was $253 a day, or $92,378 a year. The average cost of a semi-private room in a nursing home was $225 a day, or $82,125 a year.  

Medicaid is the only federal program that will cover the long nursing home stays that most people with dementia require in the late stages of their illness, but Medicaid requires beneficiaries to be low income to receive coverage. Private long-term care insurance is only an option for those healthy and wealthy enough to purchase policies before developing dementia. 

Sources:  
2012 MetLife Market Survey of Nursing Home, Assisted Living, Alzheimer’s Unit/Memory Care Unit. 
Genworth Financial, Inc. Genworth 2016 Cost of Care Survey. 
 

As the elderly are faced with the mounting home care costs and idle economy, Abcor’s goal is to provide the best homecare service at marketable prices.  

Abcor Home Health, Inc. has implemented several strategies in an effort to reduce or maintain competitive pricing.  

Abcor's rigorous hiring process assures only the qualified caregivers are hired, and then provided with an advanced training.  

Abcor’s continuous education program for caregivers is designed to reduce errors and increase efficiency. Constant monitoring and evaluation of the agency’s caregivers assures all issues, if any, are being addressed. 

Abcor aims to keep employee turnover ratio low, and does not contract out outside field staff, which further helps reduce care costs.  

Abcor's strategies are designed with 3 Cs in mind:  Cost, Care, Control.